Financing the Future of Water Infrastructure Just Got a Whole Lot Easier
The water challenges facing America’s cities, towns and natural resources have definitely been in the news, from extreme drought to extreme flooding to extreme contamination. Conventional thinking about conventional infrastructure is starting to give way to the recognition that there are other ways to look at water infrastructure; that there is enormous untapped potential for decentralized practices and technologies distributed over many properties to effectively address various water management, supply and quality issues. This “distributed infrastructure” (DI) includes permeable pavements, green roofs, rain gardens, smart meters, drought-tolerant landscaping, leak detection devices, water efficient appliances, gray-water systems, rainwater catchment, point-of-use water treatment.
GASB has made it possible for utilities to invest in DI in an entirely new way. The vast majority of us who sit on utility governing boards will always need to reserve much, even most, of our capital budgets for treatment facilities, pumps, tanks and other built infrastructure to move water around, manage floods, and treat contaminants. But having the ability to redeploy even a fraction of the billions in local utility capital spending toward distributed programs opens a vast new range of options and opportunities for utilities, as well as new markets for water innovation and local economic development.
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StateScoop — Four development teams have taken home top prizes in a competition for advanced infrastructure proposals, each securing up to $10 million in investment capital.
WASHINGTON – By the end of the 2018 fiscal year (FY 2018), the U.S. Department of Transportation (USDOT) made available more than $63.9 billion in FY 2018 multi-modal discretionary and formula transportation investments and $1.6 billion in FY 2017 discretionary funds.
Over the last century, the global per capita rate of water use has doubled, leading the United Nations to project that the demand for water will exceed supply as early as 2025. Thankfully, there’s an abundance of opportunity to combat this problem by leveraging smart technologies, policies and strategies.
The United States Coast Guard’s Research and Development Center (USCG RDC) in conjunction with the DHS Science and Technology Directorate (S&T) is seeking new concepts for a solution that helps make people lost in the water easier to find and rescue. The best concepts will be effective, affordable, and hold the potential for wide adoption by recreational mariners and boaters.
Projects that promote regional economic development can capitalize upon the unique strengths of specific rural areas. USDA Rural Development helps finance these projects by helping applicants overcome multi-jurisdictional challenges and by helping leverage federal, state, local or private funding.
Supported by a coalition of regional cities, utilities, universities, and startup organizations, Pipeline H2O is looking for companies working on water technologies that solve various aspects of the world’s water issues such as infrastructure improvements, water reuse, wastewater treatment and monitoring.
The New York Smart Stormwater Management Project seeks to reach 100% reduction of CSOs by creating a citywide systems approach around CSO-sheds and leveraging active citizen participation and innovative stormwater technologies.
To help with the effort in Flint, MI to replace lead pipes that have contaminated residents’ water supplies, researchers from Georgia Tech University developed an artificial intelligence (AI) system, backed by Google, to predict which of the city’s 55,000 homes are affected, according to a report in New Scientist.
JOHNSTOWN — The Fulton County Shared Services Panel has publicly released its proposed 2018 Shared Services Plan and set three public hearings, the first one of which is scheduled for Thursday.
The Greater PHX Smart Region - in collaboration with Arizona State University (ASU), Trane, and other industry partners - seeks to leverage Smart Water technologies that enable leak detection.